So the timeline was PFS delivered Sep/Oct 2018 and Feasibility Study completed in July 2019? I can't see a specific mention of a DFS or a 'Bankable Feasibility Study' after that unless I have missed it?
GR Engineering did the construction and technical parts but assume most other stuff was either in-house G1A or subcontractors? Covid, cost overruns, finance, geology (2018 Resource calc. by Optiro), and a few other things did a number on those assumptions, didn't it? What a quaint pre-Covid world where a contingency of +/-10% was considered acceptable. About the only thing that did come close to the FS was the price of Lead in US$ per Lb.
Anyone else think that they pushed the go button too early on this and somehow miraculously got this constructed during Covid but came unstuck with all the post-Covid cost inflation and some dodgy resource modelling?
A couple of names to add to the blacklist for future reference? Toho Zinc also dished out a second punishment in Australia in recent months. They won't be happy.
- Forums
- ASX - By Stock
- Ann: Suspension from Quotation
So the timeline was PFS delivered Sep/Oct 2018 and Feasibility...
-
-
- There are more pages in this discussion • 7 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add G1A (ASX) to my watchlist
(20min delay)
|
|||||
Last
5.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $44.40M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
G1A (ASX) Chart |
Day chart unavailable